ZCash(ZEC) Analysis

ZCash(ZEC) Analysis


(ZEC) is trading now in a neutral trend Direction after the bullish trend that we announced before while hitting the target we predicted & reached a new high historical area at $ 190.64

 

You can read the last analysis here >>> ZCash (ZEC) Analysis13 Jan 2021

 

(ZEC) is trading now at $ 162.23

 

Our view of (ZEC) is doing a great performance with good volume after testing the first new support area which shows the power of the buyers that tend to hit again in a short time & interesting  the historical resistance price area at $ 190.64

 

On the other hand, you should (carefully) follow the support & resistance areas to save your trading side

 

AS we advise buyers to place a stop loss at the support areas, breaking this area leads to another down one.

 

As shown in

The Chart Below

 

3f0dd14f6ddadefbc6030fdea04b63f81fb48cf30775c956db2b6cebf1e8d2e7.png                                                                       

 

Prediction:

Target: hit & exceed the area of 190.00 with a good volume in order to fly to the area of $ 220.00

The ZCash cryptocurrency (ZEC), in the case of breaking the area of $ 142.00, may target levels below the areas of $ 126.00

 

Support & Resistance:

Support: $ 142.00 - $ 126.00

Resistance: $ 190.64

 

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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